Caves & Associates, LLC is a large advisory firm based in Manhattan Beach. It manages $191.3 million of regulatory assets for 310 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.
Caves & Associates provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Caves & Associates, LLC is $191.3 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Caves & Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Caves & Associates is high net worth individuals with 41 clients and $165.64 million of assets under management. Among the 11 most similar advisory firms, Caves & Associates has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $191.3 million for 69 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Caves & Associates doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Sandra Kathleen Gafney joined the executive team most recently as the Chief Compliance Officer.
The principal office where Caves & Associates, LLC performs its advisory services is located at 1334 Park View Ave, Manhattan Beach, CA 90266, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-545-4179 or by fax 310-546-8153. The normal business hours are 40 on Monday - Friday. You can find more information about the New York firm at cavesassociates.net.